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Business Changes and Developments (Tables) | 12 Months Ended
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Dec. 31, 2025
Business Combination [Abstract] |
Schedule of Goodwill | Goodwill associated with the Company's acquisitions is as follows:
| Investment Banking & Equities |  | Investment Management |  | Total
Balance at December 31, 2023(1) | $ | 117,966 |  |  | $ | 7,527 |  |  | $ | 125,493 |
Foreign Currency Translation and Other | (1,041) |  |  | — |  |  | (1,041) |
Balance at December 31, 2024(1) | 116,925 |  |  | 7,527 |  |  | 124,452 |
Acquisition of Robey Warshaw | 102,221 |  |  | — |  |  | 102,221 |
Foreign Currency Translation and Other | 4,110 |  |  | — |  |  | 4,110 |
Balance at December 31, 2025(1) | $ | 223,256 |  |  | $ | 7,527 |  |  | $ | 230,783 |
(1)The amount of the Company's goodwill before accumulated impairment losses of $38,528 was $269,311, $162,980 and $164,021 at December 31, 2025, 2024 and 2023, respectively.
Schedule of Finite-Lived Intangible Assets | Intangible assets associated with the Company's acquisitions are as follows:
| December 31, 2025
| Gross Carrying Amount |  | Accumulated Amortization
| Investment Banking & Equities |  | Investment Management |  | Total |  | Investment Banking & Equities |  | Investment Management |  | Total
Client Relationships | $ | 22,904 |  |  | $ | — |  |  | $ | 22,904 |  |  | $ | 1,909 |  |  | $ | — |  |  | $ | 1,909 |
Advisory Backlog | 10,913 |  |  | — |  |  | 10,913 |  |  | 1,818 |  |  | — |  |  | 1,818 |
Total | $ | 33,817 |  |  | $ | — |  |  | $ | 33,817 |  |  | $ | 3,727 |  |  | $ | — |  |  | $ | 3,727 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Based on the intangible assets above, as of December 31, 2025, annual amortization of intangibles for each of the next five years is as follows:
2026 | $ | 14,910 |
2027 | $ | 9,454 |
2028 | $ | 5,726 |
2029 | $ | — |
2030 | $ | — |

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